Ripple News: XRP is Top Asset in New York-Traded C1 Fund

XRP is down 1.80% on the day, but a New York Stock Exchange-listed fund has some big news, revealing that Ripple makes up the largest share of its holdings. The crypto is surpassing even assets tied to companies better known for their role in the crypto exchange industry.

C1 Fund Inc. (NYSE: CFND) disclosed its Q2 2026 holdings, revealing Ripple Labs as its largest position at 17.5% of net assets, edging out Kraken parent Payward at 16.9%.

The fund’s net asset value landed at $6.49 per share, and its Ripple stake alone generated 150% in four months, a return the fund partly credits to Ripple’s own share repurchase program. C1 Fund ($CFND) Q2results: NAV $6.49/share, now holding 11 crypto companies up from 7.

Ripple Labs is their #1 holding at 17.5% of net assets, Kraken close behind at 16.9%. Added Polymarket this quarter too. Real institutional money betting on crypto infra.